People gather at the Times Square shopping mall during an anti-government protest in Causeway Bay, on Hong Kong’s Chief Executive Carrie Lam Cheng Yuet-ngor's birthday. A new security law proposed by Beijing is fueling concerns about more unrest in the city and stock losses. Photo: Sam Tsang People gather at the Times Square shopping mall during an anti-government protest in Causeway Bay, on Hong Kong’s Chief Executive Carrie Lam Cheng Yuet-ngor's birthday. A new security law proposed by Beijing is fueling concerns about more unrest in the city and stock losses. Photo: Sam Tsang
People gather at the Times Square shopping mall during an anti-government protest in Causeway Bay, on Hong Kong’s Chief Executive Carrie Lam Cheng Yuet-ngor's birthday. A new security law proposed by Beijing is fueling concerns about more unrest in the city and stock losses. Photo: Sam Tsang

Hong Kong developers suffer in market’s biggest sell-off since mid-2015 as new security law revives protests, capital flight concerns

  • Shares of city’s office and shopping centre landlords dived by more than 7 per cent, among the biggest losers in the sell-off
  • A new legislation proposed by Beijing to curb activities aimed at toppling the central government is fuelling political risks

Topic |   Two Sessions 2020 (Lianghui)
People gather at the Times Square shopping mall during an anti-government protest in Causeway Bay, on Hong Kong’s Chief Executive Carrie Lam Cheng Yuet-ngor's birthday. A new security law proposed by Beijing is fueling concerns about more unrest in the city and stock losses. Photo: Sam Tsang People gather at the Times Square shopping mall during an anti-government protest in Causeway Bay, on Hong Kong’s Chief Executive Carrie Lam Cheng Yuet-ngor's birthday. A new security law proposed by Beijing is fueling concerns about more unrest in the city and stock losses. Photo: Sam Tsang
People gather at the Times Square shopping mall during an anti-government protest in Causeway Bay, on Hong Kong’s Chief Executive Carrie Lam Cheng Yuet-ngor's birthday. A new security law proposed by Beijing is fueling concerns about more unrest in the city and stock losses. Photo: Sam Tsang
READ FULL ARTICLE